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KIRKWOOD v. NAKHAMKIN

169 A.D.2d 693 (1991)

Liana Kirkwood, Respondent, v. Eduard Nakhamkin, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

January 31, 1991

Out of a total of 75 shares of Zhivago, Ltd., a corporation which operated a restaurant, plaintiff owned 20 shares and defendant 46. Defendant executed a document entitled "PROMISSORY NOTE", dated November 22, 1989, which provided:

"I acknowledge receipt this date of the sum of Thirty Thousand ($30,000.00) Dollars from Liana Kirkwood preliminary to the signing of a formal contract and the requisite documents required for State Liquor Authority approval to transfer...

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